Comment by verdverm

2 years ago

yup... everyone expected it to be repealed by now, but congress is utterly incapable of acting like adults right now

Here's the upvoted HN post from 11 months ago: https://news.ycombinator.com/item?id=34627712

I wanted to hire, but this stupid rule makes it rather unpalatable

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verdverm

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keepamovin  2 years ago

i suppose one alternative for flexible companies is to reincorporate in another jurisdiction. i'm not going to jump ship yet as i think this might end up like the SVB debacle, where everyone gets spooked and 'takes steps to mitigate', but then ends up saved at the last minute.

i actually am in favor of this law strangely enough (see my comment from 39 days ago: https://news.ycombinator.com/item?id=38120388 (Tell HN: Submit comments to IRS re tax treatment of software dev expenses, 227 comments)